Hannes Snellman Counsel to If Livförsäkring AB in Acquisition of Life Insurance Portfolio from Mandatum
13 October 2023
Hannes Snellman acted as counsel to If Livförsäkring AB in the acquisition of a life insurance portfolio from Mandatum. In the transaction, Mandatum Life will transfer to If Livförsäkring AB’s branch in Finland such life insurance contracts that have been sold by If P&C Insurance Ltd’s branch in Finland, as well as insurance plans managed by If P&C Insurance. As a part of the transaction, the parties have also signed a letter of intent regarding the transfer of an employee group life insurance portfolio to If Livförsäkring AB’s branch in Finland. The completion of the transaction is subject to authority approvals.
Hannes Snellman’s team included Heidi Haanpää, Agda Vähä-Piikkiö (M&A, Corporate), Mikko Huimala, Jenni Heurlin (Competition), and Piia Ahonen (Tax).